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20110701
20110731
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leader and the senate says the big deal is off the table. >> i am for the biggest deal possible, but we are not going to raise taxes in this horrible economic situation. >> the treasury secretary warned that some sort of deal must get done. >> creditors around the world have said that if congress does not act by august 2. they will downgrade our credit, the first time in history. if that happens, you will see catastrophic damage across the american and global economies. >> president obama reiterated to leaders on sunday that he is willing to make tough choices on entitlements. the talks resume monday. >>> i sat down earlier with politico's reporter to speak about this issue. thanks for joining us tonight, manu. the two sides met. what came of it? >> not a lot. they agreed to talk more. they are no closer to a deal. the president still wants the biggest deal possible. something that he wanted a $4 trillion worth of cuts and deficit cut. that is what john boehner said saturday night he could not agree to because the white house was still insisting on tax revenue as part of the overall pac
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